An International Trade Perspective on the War in Syria

The Syrian Civil War is the largest ongoing military conflict in the world, already claiming a total of at least167,000 lives*since civil unrest first erupted in March 2011 on the heels of the Arab Spring. Human life is one measure of a wars devastation. Today, we examine the devastation of war from an economic perspective: international trade. The disruption in Syrian trade has already lowered its ranking globally from the 88th largest exporter in 2011 to the 141st in 2015.

Syria experienced the world's second largest loss of total foreign trade from 2011 to 2015, with exports decreasing by 88 percent and imports by 72 percent. Greater trade losses were experienced only by Aruba, a highly import-dependent island that is economically oriented to tourism and hospitality and financial and business services.

The decrease of foreign trade has affected virtually all commodities. There were some minor exceptions. Syrian exports of motor vehicles, fuel wood, and flat-rolled products of alloy steel grew from 2011 to 2015, however, combined these goods constituted less than 0.05 percent of the country's total exports in 2010.

The hit to foreign trade was indiscriminate by trade partner as well. Syrian exports to 40 of its trading partners decreased by almost 100 percent (99% or more).

Humanitarian aid has partially offset some of Syria’s loss in merchandise imports. Amounting to roughly $4.5 billion in 2015, aid was almost equal to Syria's total merchandise imports that same year. These numbers should be used and considered with due caution given reporting lapses and losses that go hand-in-hand with a country in civil war.

Trade data is not immune to reporting discrepancies, particularly when relying on one country’s exports (say exports of Russia) to estimate another country’s imports (say imports by Syria), or what is known as “mirror partner” trade statistics. According to official data from the United Nations Statistics, since 2011, Syria’s trade in the very fuel of conflict, namely arms and ammunition, has collapsed with Russia—its primary trading partner for these goods.

Learn more about Syria’s trade profile and arms and ammunition trade below in today’s Viz of the Day.

Материалы по теме

The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases.Last year Iraq’s export concentration index reached 0.97, driven by its export concentration in mineral fuels, namely oil. Other oil exporters—including Angola, Iran, Kuwait, and Nigeria, among others—likewise have high concentration scores....

Development of travel industry leads to benefites in different sectors. For exapmle, huge number of travalers usually increase in demand of souvenirs . It also can be rise in sales in real estates. It dependes positively on economy.
On the other hand, if residents of some country spend a lot for tourism it denotes contry's wealth.

The WTO General Council meets as the Trade Policy Review Body to undertake trade policy reviews of Members under the TPRM and to consider the Director-General's regular reports on trade policy developement. The TPRB is thus open to all WTO Members. The current chair is Ms. Irene B. K. YOUNG (Hong Kong, China).
Event Holder: World Trade Organization
Source of data: Merchandise trade matrix, imports and exports of total all products, annual, 1995-2014, WTO statistical data sets, 1948-2014